Compensation and benefits programs aim to achieve internal equity and external competitiveness which helps companies in attracting, motivating and retaining the right talent. At Tuscan Consulting, we help companies design robust compensation programs that drive performance by linking fixed & variable pay to achievement of business goals. Our approach helps companies create compensation programs that establish a clear link between an organization’s goals and an employee’s aspirations and focus.
Getting your compensation & reward strategies right is crucial for your business. Our research suggests in some industries payroll costs account for up to 70% of total operating costs. A smart compensation and rewards strategy and framework provides a competitive edge for a company to stay on top of the game by correctly rewarding and motivating the right talent. We are experienced to get you the most from your investment on employee pay & benefits.
Our experienced compensation consulting team has a broad experience in offering a complete range of compensation and reward services including:
1. Job Evaluation & Grading Structures
2. Compensation Surveys & Benchmarking
3. Detailed Remuneration Design
4. Executive Compensation
5. Sales Compensation
6. Total Rewards Strategy
7. Short Term Incentive Plans (Bonus schemes, Commission schemes)
8. Long Term Incentive Plans (LTIPs – Equity, Cash, Retention etc)
Tuscan Consulting has broad experience in creating effective compensation programs for a variety of clients across different industry sectors. We have helped hundreds of clients in optimizing payroll costs and rewarding the right talent.
Why Tuscan Consulting?
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